PWC IFRS Video Learning Centre

See The PWC website here


Summary:

The transition to IFRS in the US will have a significant impact on many areas of a company's business. A critical part of the transition process is identifying and addressing those areas that will be most affected by a conversion to IFRS. To assist companies in this process, PricewaterhouseCoopers has established the IFRS Video Learning Center. The Center consists of a series of IFRS technical sessions designed to assist companies in identifying the differences between IFRS and US GAAP, and to help them assess the areas of their business that will be most impacted. These sessions, which are available for on-demand viewing, will be released on a periodic basis and will each feature PwC IFRS specialists. Each session will consist of several discussion topics that each last approximately 30 minutes and can be individually viewed once logged in.

Sessions 1 and 2 now available

• Session 1: First-time adoption, revenue and provisions.

This first session is accessible immediately on the IFRS Video Learning Center web page. This session contains three separate courses designed to give you an overview of the guidance regarding provisions and contingencies, revenue recognition and the first time adoption of IFRS. Each course features PwC IFRS specialists discussing key differences between US GAAP and IFRS along with practical examples of what companies should consider as they embark on their transition to IFRS.

• Session 2: Impairments and noncurrent assets.

Session 2 is also accessible immediately on the IFRS Video Learning Center web page. The three separate courses in this session are designed to give you an overview of the guidance surrounding impairments and noncurrent assets. Each course features PwC IFRS specialists discussing key differences between US GAAP and IFRS in accounting for property, plan and equipment, recognizing internally generated intangible assets and identifying and measure impairments of noncurrent assets.

Upcoming Learning Sessions
Future sessions will address the following:

• Special Session: IFRS Senior Executive Conference Highlights
• Session 3: Employee benefits
• Session 4: Business transactions
• Session 5: Financial instruments
• Additional sessions to be announced shortly